Company Announcement - 24/02/17

The following is a company announcement issued by Mediterranean Bank plc (the “Bank”) pursuant to the Malta Financial Services Authority Listing Rule 5.

Quote

The Bank is pleased to announce that Mr. Michael Adrian Bussey has been appointed as an independent non-executive director and Chairman of the Bank and its parent Company, MeDirect Group Limited, effective 24th February 2017. Mr. Bussey currently resides in the United Kingdom at 7 Sovereign Mews, Winkfield Road, Ascot, Berkshire SL5 7FY.

Mr. Bussey had an executive career spanning 30 years in the financial services sector. After 20 years at HSBC in a variety of international and UK senior executive roles, culminating in a role as CEO of HSBC Private Banking EMEA, Mike served as CEO of Schroders Private Banking, Rothschild Private Banking and Trust and Arbuthnot Latham & Co. over a period of ten years.

Following his executive career, Mike has served and continues to serve as a non-executive director of Credit Suisse (UK) Ltd. (where he is currently Chairman) and Gentoo Genie Ltd. He also served as a non-executive director of the UK Wealth Management Group until its disposition by way of a trade sale.

There are no matters concerning Mr. Bussey requiring disclosure under Listing Rules 5.20.5 to 5.20.9.

By continuing to browse or by clicking "Accept All Cookies", you agree to the storing of first and third party cookies on your device to enhance site navigation, analyse site usage, and assist in our marketing efforts.Cookie Policy.

Disclaimer

The materials contained in this web site are provided for general information purposes only and are not intended to provide legal or other professional advice nor do they commit MeDirect Bank (Malta) plc to any obligation whatsoever. MeDirect Bank (Malta) plc accepts no responsibility for any direct, indirect or consequential loss or damage which may arise from reliance on information contained in this site. Users are advised to seek confirmation of statements made herein before acting upon them; specialist advice should also be sought on specific issues.